Clarus Advisers
Website:
clarusadvisers.com
Job details:
Company Overview
Our client is a Leading Electrical equipment and tools manufacturer.
Position Overview
Lead Finance as a strategic business partner, not just an accounting function. Ensure profitability, cash flow strength, financial transparency, and data-driven decision-making to support sustainable growth. Own financial planning, cost control, working capital efficiency, and performance management across all functions.
Responsibilities
- 1. Financial Strategy & Business Partnering -
- Drive long-term financial planning, annual budgets, and rolling forecasts.
- Provide financial insights to support strategic decisions (pricing, investments, capacity,
- product mix, etc.).
- Participate in S&OP and strategic reviews to align financial and operational plans.
- 2. Audit, Reporting & Board Governance-
- Lead coordination and finalization of statutory and internal audits, ensuring timely closure of
- observations.
- Prepare and finalize annual financial statements in compliance with applicable accounting
- standards.
- Lead annual budget preparation and consolidation of functional budgets.
- Prepare quarterly financial statements and management reports.
- Present quarterly financial results, business insights, and forecasts to the Board of Directors.
- Conduct quarterly Budget vs. Actual reviews with leadership and drive corrective initiatives.
- 3. Performance Management & Controlling -
- Own plant / business performance dashboards (revenue, cost, margins, cash).
- Implement profitability analysis by product, customer, region.
- Track variance vs budget and lead corrective actions with function heads.
- Drive cost transparency and margin improvement programs.
- 4. Costing & Cost Optimization -
- Own product costing accuracy (standard cost, BOM cost, overhead allocation).
- Support value engineering and cost reduction with SCM, Manufacturing, Engineering.
- Monitor conversion cost, scrap, rework, COPQ and drive improvement.
- 5. Cash Flow & Working Capital Management-
- Manage cash flow forecasting, liquidity planning, and funding.
- Optimize working capital (inventory, receivables, payables).
- Partner with SCM and Sales Ops on DSO, DPO, inventory days.
- 6. Accounting, Compliance & Governance -
- Ensure accurate & timely financial closing and statutory compliance (GST, TDS, PF, ESI,
- Income Tax).
- Manage internal, statutory, and tax audits – zero major observations.
- Implement internal controls and approval workflows across functions.
- Maintain strong relationships with banks, auditors, and financial institutions.
- 7. Systems, ERP & Data Integrity -
- Ensure integrity of financial data in ERP.
- Improve process compliance and automation within finance processes.
- Support SCM, Manufacturing, and Sales with performance dashboards and analytics.
- 8. Team & Capability Development -
- Build a high-performing finance team with business acumen.
- Develop control, analysis, and business partnering capability (not just accounting).
- Drive a culture of accountability, transparency, and cost consciousness across the
- organization.
Skills & Experience
- 8–12 years in Finance & Controlling in manufacturing (electrical/mechanical/electronics
- preferred).
- 2-3 years out of above in a leadership or Manager role.
- Proven experience in FP&A, Accounts finalization, costing, financial analysis, cash flow
- management, MIS, compliance.
- Experience partnering with SCM, Manufacturing, Sales, and Product Development.
- Strong ERP/financial systems knowledge.
- CA / CMA preferred, MBA Finance acceptable with strong manufacturing exposure.
- Industry Preference: Manufacturing, Engineering, Automotive, Electricals, Capital
- Equipment, Industrial Products with a company of 100 – 500 Cr INR scale.
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